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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both Australian oil and gas producers. The Cooper Basin is an onshore oil and gas development area. The Company’s Chu Chua is located approximately 30 kilometers (km) north of Kamloops, British Columbia, with access and infrastructure. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Bullboard Posts
Post by jsnfernleyon Mar 08, 2007 1:15pm
211 Views
Post# 12381512

News Release March 6, 2007

News Release March 6, 2007Posted on Sedar.com: March 6, 2007 Trading Symbol: NWX (TSX-V) Newport Exploration Ltd. (the “Company”) announces that on March 6, 2007, it granted Incentive Stock Options on 3,615,000 shares of the Company’s capital stock, exercisable up to March 5, 2010 at a price of $0.30 per share. For further information contact: Barbara Dunfield 604-685-6851 info@newport-exploration.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of the contents of this news release.
Bullboard Posts